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IIDFC elects new chairman, vice chairman and audit chairman

Friday, 2 September 2022


The board of directors of Industrial and Infrastructure Development Finance Company (IIDFC) Limited has elected Syed Mahbubur Rahman, managing director and chief executive officer of Mutual Trust Bank Limited, as its chairman for the years 2022 and 2023, says a press release.
The board also elected Selim RF Hussain, managing director and CEO of BRAC Bank Limited, as vice chairman for the same duration and Md Mehmood Husain, managing director and CEO of National Bank Limited, as chairman of the Audit Committee.
Syed Mahbubur Rahman is a director of the IIDFC representing Mutual Trust Bank Limited. He formerly held the positions of managing director and CEO of BRAC Bank Limited and Dhaka Bank Limited. He is a former chairman of the Association of Bankers, Bangladesh.
The newly elected vice chairman Selim RF Hussain previously served as managing director and CEO of IDLC Finance Limited. He is also the current chairman of the Association of Bankers Bangladesh (ABB).
Md Mehmood Husain, newly elected chairman of Audit Committee, previously served as managing director and CEO of NRB Bank and president and managing director of Bank Asia Limited. He also served as independent director of LankaBangla Finance Limited and LankaBangla Securities Limited and the chairman of LankaBangla Asset Management Company Limited.